Loading
1-Mar-2011 8:16 AM

Hong Kong reports USD4.5bn surplus in January

Hong Kong Financial Services & the Treasury Bureau recorded (28-Feb-2011) a HKD93.8 billion (USD12.0 billion) surplus in the 10 months ended 31-Jan-2011 while fiscal reserves stood at HKD614.1 billion (USD78.8 billion). For Jan-2011 alone, a surplus of HKD34.8 billion (USD4.5 billion) was recorded, mainly due to the receipt of salaries and profits taxes. The revised estimate for 2010-11 is a surplus of HKD71.3 billion (USD9.2 billion). [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More